• Most Popular
  • Most Shared

Veolia wins UAE desalination plant order

Fri Dec 21, 2007 11:09am EST

Stocks

   

PARIS, Dec 21 (Reuters) - Veolia Water (VIE.PA) said on Friday it has been selected to run the operations and maintenance part of a Reverse 0smosis (RO) desalination plant in Qidfa, Fujairah in the United Arab Emirates.

The plant will produce 136,500 cubic metres per day of desalinated water.

The contract, worth an estimated cumulated amount of $115 million, has been awarded a venture of International Power Plc and Marubeni Corp (8002.T). (Reporting by Marcel Michelson; Editing by Quentin Bryar)



More from Reuters

Photo

Investors seen jumping the gun on airport security

BANGALORE (Reuters) - Investors' optimism surrounding the shares of airport security systems makers could be premature as interest in the companies' products after the Christmas Day plane scare is not expected to translate into immediate orders.

Leaves gather in front of an empty and boarded-up house in Youngstown, Ohio November 21, 2009.    REUTERS/Brian Snyder

Castles built on sand

Rust-belt American cities like Youngstown, Ohio were battered by the downturn. Now they're ready to move on, but it won’t be easy. The first in a three-part report.  Full Article 

REUTERS/James Saft

Welcome to the "Teenies"

Shrinking financial sector? Paltry investment returns? Welcome to the the next decade. Don't worry, there's some good news, too.  Commentary